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The 2004 CIA World Factbook
by United States. Central Intelligence Agency
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Russia Russia ended 2003 with its fifth straight year of growth, averaging 6.5% annually since the financial crisis of 1998. Although high oil prices and a relatively cheap ruble are important drivers of this economic rebound, since 2000 investment and consumer-driven demand have played a noticeably increasing role. Real fixed capital investments have averaged gains greater than 10% over the last four years and real personal incomes have averaged increases over 12%. Russia has also improved its international financial position since the 1998 financial crisis, with its foreign debt declining from 90% of GDP to around 28%. Strong oil export earnings have allowed Russia to increase its foreign reserves from only $12 billion to some $80 billion. These achievements, along with a renewed government effort to advance structural reforms, have raised business and investor confidence in Russia's economic prospects. Nevertheless, serious problems persist. Oil, natural gas, metals, and timber account for more than 80% of exports, leaving the country vulnerable to swings in world prices. Russia's manufacturing base is dilapidated and must be replaced or modernized if the country is to achieve broad-based economic growth. Other problems include a weak banking system, a poor business climate that discourages both domestic and foreign investors, corruption, local and regional government intervention in the courts, and widespread lack of trust in institutions. In addition, a string of investigations launched against a major Russian oil company, culminating with the arrest of its CEO in the fall of 2003, have raised concerns by some observers that President PUTIN is granting more influence to forces within his government that desire to reassert state control over the economy.

Rwanda Rwanda is a poor rural country with about 90% of the population engaged in (mainly subsistence) agriculture. It is the most densely populated country in Africa; landlocked with few natural resources and minimal industry. Primary foreign exchange earners are coffee and tea. The 1994 genocide decimated Rwanda's fragile economic base, severely impoverished the population, particularly women, and eroded the country's ability to attract private and external investment. However, Rwanda has made substantial progress in stabilizing and rehabilitating its economy to pre-1994 levels, although poverty levels are higher now. GDP has rebounded, and inflation has been curbed. Export earnings, however, have been hindered by low beverage prices, depriving the country of much needed hard currency. Attempts to diversify into non-traditional agriculture exports such as flowers and vegetables have been stymied by a lack of adequate transportation infrastructure. Despite Rwanda's fertile ecosystem, food production often does not keep pace with population growth, requiring food to be imported. Rwanda continues to receive substantial aid money and was approved for IMF-World Bank Heavily Indebted Poor Country (HIPC) initiative debt relief in late 2000. But Kigali's high defense expenditures cause tension between the government and international donors and lending agencies.

Saint Helena The economy depends largely on financial assistance from the UK, which amounted to about $5 million in 1997 or almost one-half of annual budgetary revenues. The local population earns income from fishing, the raising of livestock, and sales of handicrafts. Because there are few jobs, 25% of the work force has left to seek employment on Ascension Island, on the Falklands, and in the UK.

Saint Kitts and Nevis Sugar was the traditional mainstay of the Saint Kitts economy until the 1970s. Although the crop still dominates the agricultural sector, activities such as tourism, export-oriented manufacturing, and offshore banking have assumed larger roles in the economy. As tourism revenues are now the chief source of the islands' foreign exchange, a decline in stopover tourist arrivals following the 11 September 2001 terrorist attacks has eroded government finances. The opening of a 1,000+ bed Marriott hotel in February 2003 was expected to bring in much-needed revenue.

Saint Lucia Changes in the EU import preference regime and the increased competition from Latin American bananas have made economic diversification increasingly important in Saint Lucia. The island nation has been able to attract foreign business and investment, especially in its offshore banking and tourism industries. The manufacturing sector is the most diverse in the Eastern Caribbean area, and the government is trying to revitalize the banana industry. Economic fundamentals remain solid.

Saint Pierre and Miquelon The inhabitants have traditionally earned their livelihood by fishing and by servicing fishing fleets operating off the coast of Newfoundland. The economy has been declining, however, because of disputes with Canada over fishing quotas and a steady decline in the number of ships stopping at Saint Pierre. In 1992, an arbitration panel awarded the islands an exclusive economic zone of 12,348 sq km to settle a longstanding territorial dispute with Canada, although it represents only 25% of what France had sought. The islands are heavily subsidized by France to the great betterment of living standards. The government hopes an expansion of tourism will boost economic prospects. Recent test drilling for oil may pave the way for development of the energy sector.

Saint Vincent and the Grenadines Economic growth in this lower-middle-income country hinges upon seasonal variations in the agricultural and tourism sectors. Tropical storms wiped out substantial portions of crops in 1994, 1995, and 2002, and tourism in the Eastern Caribbean has suffered low arrivals following 11 September 2001. Saint Vincent is home to a small offshore banking sector and has moved to adopt international regulatory standards. Saint Vincent is also a large producer of marijuana and is being used as a transshipment point for illegal narcotics from South America.

Samoa The economy of Samoa has traditionally been dependent on development aid, family remittances from overseas, and agriculture and fishing. The country is vulnerable to devastating storms. Agriculture employs two-thirds of the labor force, and furnishes 90% of exports, featuring coconut cream, coconut oil, and copra. The manufacturing sector mainly processes agricultural products. The decline of fish stocks in the area is a continuing problem. Tourism is an expanding sector, accounting for 25% of GDP; about 88,000 tourists visited the islands in 2001. The Samoan Government has called for deregulation of the financial sector, encouragement of investment, and continued fiscal discipline, meantime protecting the environment. Observers point to the flexibility of the labor market as a basic strength for future economic advances. Foreign reserves are in a relatively healthy state, the external debt is stable, and inflation is low.

San Marino The tourist sector contributes over 50% of GDP. In 2000 more than 3 million tourists visited San Marino. The key industries are banking, wearing apparel, electronics, and ceramics. Main agricultural products are wine and cheeses. The per capita level of output and standard of living are comparable to those of the most prosperous regions of Italy, which supplies much of its food.

Sao Tome and Principe This small poor island economy has become increasingly dependent on cocoa since independence 29 years ago. Cocoa production has substantially declined in recent years because of drought and mismanagement, but strengthening prices helped boost export earnings in 2003. Sao Tome has to import all fuels, most manufactured goods, consumer goods, and a substantial amount of food. Over the years, it has been unable to service its external debt and has had to depend on concessional aid and debt rescheduling. Sao Tome benefited from $200 million in debt relief in December 2000 under the Highly Indebted Poor Countries (HIPC) program. Sao Tome's success in implementing structural reforms has been rewarded by international donors, who pledged increased assistance in 2001. Considerable potential exists for development of a tourist industry, and the government has taken steps to expand facilities in recent years. The government also has attempted to reduce price controls and subsidies. Sao Tome is optimistic about the development of petroleum resources in its territorial waters in the oil-rich Gulf of Guinea; production could begin as early as 2004.

Saudi Arabia This is an oil-based economy with strong government controls over major economic activities. Saudi Arabia has the largest reserves of petroleum in the world (25% of the proved reserves), ranks as the largest exporter of petroleum, and plays a leading role in OPEC. The petroleum sector accounts for roughly 75% of budget revenues, 45% of GDP, and 90% of export earnings. About 40% of GDP comes from the private sector. Roughly five and a half million foreign workers play an important role in the Saudi economy, for example, in the oil and service sectors. The government in 1999 announced plans to begin privatizing the electricity companies, which follows the ongoing privatization of the telecommunications company. The government is encouraging private sector growth to lessen the kingdom's dependence on oil and increase employment opportunities for the swelling Saudi population. Priorities for government spending in the short term include additional funds for education and for the water and sewage systems. Economic reforms proceed cautiously because of deep-rooted political and social conservatism.

Senegal In January 1994, Senegal undertook a bold and ambitious economic reform program with the support of the international donor community. This reform began with a 50% devaluation of Senegal's currency, the CFA franc, which was linked at a fixed rate to the French franc. Government price controls and subsidies have been steadily dismantled. After seeing its economy contract by 2.1% in 1993, Senegal made an important turnaround, thanks to the reform program, with real growth in GDP averaging 5% annually during 1995-2003. Annual inflation had been pushed down to the low single digits. As a member of the West African Economic and Monetary Union (WAEMU), Senegal is working toward greater regional integration with a unified external tariff. Senegal also realized full Internet connectivity in 1996, creating a miniboom in information technology-based services. Private activity now accounts for 82% of GDP. On the negative side, Senegal faces deep-seated urban problems of chronic unemployment, trade union militancy, juvenile delinquency, and drug addiction.

Serbia and Montenegro MILOSEVIC-era mismanagement of the economy, an extended period of economic sanctions, and the damage to Yugoslavia's infrastructure and industry during the NATO airstrikes in 1999 have left the economy only half the size it was in 1990. After the ousting of former Federal Yugoslav President MILOSEVIC in October 2000, the Democratic Opposition of Serbia (DOS) coalition government implemented stabilization measures and embarked on an aggressive market reform program. After renewing its membership in the IMF in December 2000, Yugoslavia continued to reintegrate into the international community by rejoining the World Bank (IBRD) and the European Bank for Reconstruction and Development (EBRD). A World Bank-European Commission sponsored Donors' Conference held in June 2001 raised $1.3 billion for economic restructuring. An agreement rescheduling the country's $4.5 billion Paris Club government debts was concluded in November 2001; it wrote off 66% of the debt. The smaller republic of Montenegro severed its economy from federal control and from Serbia during the MILOSEVIC era and continues to maintain its own central bank, uses the euro instead of the Yugoslav dinar as official currency, collects customs tariffs, and manages its own budget. Kosovo, while technically still part of the Federal Republic of Yugoslavia (now Serbia and Montenegro) according to United Nations Security Council Resolution 1244, is largely autonomous under United Nations Interim Administration Mission in Kosovo (UNMIK) and is greatly dependent on the international community and the diaspora for financial and technical assistance. The euro and the Yugoslav dinar are official currencies, and UNMIK collects taxes and manages the budget. The complexity of Serbia and Montenegro political relationships, slow progress in privatization, legal uncertainty over property rights, and scarcity of foreign-investment are holding back Serbia and Montenegro's economy. Arrangements with the IMF, especially requirements for fiscal discipline, are an important element in policy formation. Severe unemployment remains a key political economic problem.

Seychelles Since independence in 1976, per capita output in this Indian Ocean archipelago has expanded to roughly seven times the old near-subsistence level. Growth has been led by the tourist sector, which employs about 30% of the labor force and provides more than 70% of hard currency earnings, and by tuna fishing. In recent years the government has encouraged foreign investment in order to upgrade hotels and other services. At the same time, the government has moved to reduce the dependence on tourism by promoting the development of farming, fishing, and small-scale manufacturing. A sharp drop illustrated the vulnerability of the tourist sector in 1991-92 due largely to the Gulf war, and once again following the 11 September 2001 terrorist attacks on the US. Other issues facing the government are the curbing of the budget deficit, including the containment of social welfare costs, and further privatization of public enterprises. Growth slowed in 1998-2002, due to sluggish tourist and tuna sectors. Also, tight controls on exchange rates and the scarcity of foreign exchange have impaired short-term economic prospects. The black market value of the Seychelles rupee is half the official exchange rate; without a devaluation of the currency the tourist sector should remain sluggish as vacationers seek cheaper destinations such as Comoros, Mauritius, and Madagascar.

Sierra Leone Sierra Leone is an extremely poor African nation with tremendous inequality in income distribution. It does have substantial mineral, agricultural, and fishery resources. However, the economic and social infrastructure is not well developed, and serious social disorders continue to hamper economic development, following a 11-year civil war. About two-thirds of the working-age population engages in subsistence agriculture. Manufacturing consists mainly of the processing of raw materials and of light manufacturing for the domestic market. Plans continue to reopen bauxite and rutile mines shut down during the conflict. The major source of hard currency consists of the mining of diamonds. The fate of the economy depends upon the maintenance of domestic peace and the continued receipt of substantial aid from abroad, which is essential to offset the severe trade imbalance and to supplement government revenues.

Singapore Singapore, a highly developed and successful free market economy, enjoys a remarkably open and corruption-free environment, stable prices, and a high per capita GDP. The economy depends heavily on exports, particularly in electronics and manufacturing. It was hard hit in 2001-03 by the global recession and the slump in the technology sector. The government hopes to establish a new growth path that will be less vulnerable to the external business cycle but is unlikely to abandon efforts to establish Singapore as Southeast Asia's financial and high-tech hub. Fiscal stimulus, low interest rates, and global economic recovery should lead to much improved growth in 2004.

Slovakia Slovakia has mastered much of the difficult transition from a centrally planned economy to a modern market economy. The DZURINDA government made excellent progress during 2001-03 in macroeconomic stabilization and structural reform. Major privatizations are nearly complete, the banking sector is almost completely in foreign hands, and foreign investment has picked up. Slovakia's economy exceeded expectations in 2001-03, despite the general European slowdown. Unemployment, at an unacceptable 15% in 2003, remains the economy's Achilles heel. The government faces other strong challenges in 2004, especially cutting the budget deficit, containing inflation, and strengthening the health care system.

Slovenia Slovenia, with its historical ties to Western Europe, enjoys a GDP per capita substantially higher than that of the other transitioning economies of Central Europe. In March 2004, Slovenia became the first transition country to graduate from borrower status to donor partner at the World Bank. Privatization of the economy proceeded at an accelerated pace in 2002-03, and the budget deficit dropped from 3.0% of GDP in 2002 to 1.6% in 2003. Despite the economic slowdown in Europe in 2001-03, Slovenia maintained 3% growth. Structural reforms to improve the business environment allow for greater foreign participation in Slovenia's economy and help to lower unemployment. Further measures to curb inflation are also needed. Corruption and the high degree of coordination between government, business, and central bank policy are issues of concern in the run-up to Slovenia's scheduled 1 May 2004 accession to the European Union.

Solomon Islands The bulk of the population depends on agriculture, fishing, and forestry for at least part of their livelihood. Most manufactured goods and petroleum products must be imported. The islands are rich in undeveloped mineral resources such as lead, zinc, nickel, and gold. However, severe ethnic violence, the closing of key business enterprises, and an empty government treasury have led to serious economic disarray, indeed near collapse. Tanker deliveries of crucial fuel supplies (including those for electrical generation) have become sporadic due to the government's inability to pay and attacks against ships. Telecommunications are threatened by the nonpayment of bills and by the lack of technical and maintenance staff many of whom have left the country. The disintegration of law and order left the economy in tatters by mid-2003, and on 24 July 2003 more than 2000 Australian soldiers entered the Solomon Islands to restore order and to facilitate the restoration of basic services.

Somalia Somalia's economic fortunes are being driven by its deep political divisions. The northern area has declared its independence as "Somaliland"; the central area, Puntland, is a self-declared autonomous state; and the remaining southern portion is riddled with the struggles of rival factions. Economic life continues, in part because much activity is local and relatively easily protected. Agriculture is the most important sector, with livestock normally accounting for about 40% of GDP and about 65% of export earnings, but Saudi Arabia's recent ban on Somali livestock, because of Rift Valley Fever concerns, has severely hampered the sector. Nomads and semi-nomads, who are dependent upon livestock for their livelihood, make up a large portion of the population. Livestock, hides, fish, charcoal, and bananas are Somalia's principal exports, while sugar, sorghum, corn, qat, and machined goods are the principal imports. Somalia's small industrial sector, based on the processing of agricultural products, has largely been looted and sold as scrap metal. Despite the seeming anarchy, Somalia's service sector has managed to survive and grow. Telecommunication firms provide wireless services in most major cities and offer the lowest international call rates on the continent. In the absence of a formal banking sector, money exchange services have sprouted throughout the country, handling between $200 million and $500 million in remittances annually. Mogadishu's main market offers a variety of goods from food to the newest electronic gadgets. Hotels continue to operate, and militias provide security. The ongoing civil disturbances and clan rivalries, however, have interfered with any broad-based economic development and international aid arrangements. In 2002 Somalia's overdue financial obligations to the IMF continued to grow. Statistics on Somalia's GDP, growth, per capita income, and inflation should be viewed skeptically.

South Africa South Africa is a middle-income, emerging market with an abundant supply of natural resources; well-developed financial, legal, communications, energy, and transport sectors; a stock exchange that ranks among the 10 largest in the world; and a modern infrastructure supporting an efficient distribution of goods to major urban centers throughout the region. However, growth has not been strong enough to lower South Africa's high unemployment rate; and daunting economic problems remain from the apartheid era, especially poverty and lack of economic empowerment among the disadvantaged groups. High crime and HIV/AIDS infection rates also deter investment. South African economic policy is fiscally conservative, but pragmatic, focusing on targeting inflation and liberalizing trade as means to increase job growth and household income.

South Georgia and the South Sandwich Islands Some fishing takes place in adjacent waters. Fees from fishing licenses and related activities traditionally account for around 90% of South Georgia's revenue (about $5.6 million in 2004). There is a potential source of income from harvesting finfish and krill. The islands receive income from postage stamps produced in the UK, sale of fishing licenses, and harbor and landing fees from tourist vessels. Tourism from specialized cruise ships is increasing rapidly. Annual tourist volume hovers around 3,000 arrivals.

Southern Ocean Fisheries in 2000-01 (1 July to 30 June) landed 112,934 metric tons, of which 87% was krill and 11% Patagonian toothfish. International agreements were adopted in late 1999 to reduce illegal, unreported, and unregulated fishing, which in the 2000-01 season landed, by one estimate, 8,376 metric tons of Patagonian and antarctic toothfish. In the 2000-01 antarctic summer 12,248 tourists, most of them seaborne, visited the Southern Ocean and Antarctica, compared to 14,762 the previous year.

Spain Spain's mixed capitalist economy supports a GDP that on a per capita basis is 80% that of the four leading West European economies. The center-right government of former President AZNAR successfully worked to gain admission to the first group of countries launching the European single currency (the euro) on 1 January 1999. The AZNAR administration continued to advocate liberalization, privatization, and deregulation of the economy and introduced some tax reforms to that end. Unemployment fell steadily under the AZNAR administration but remains high at 11.7%. Growth of 2.4% in 2003 was satisfactory given the background of a faltering European economy. Incoming President RODRIGUEZ ZAPATERO, whose party won the election three days after the Madrid train bombings in March, plans to reduce government intervention in business, combat tax fraud, and support innovation, research and development, but also intends to reintroduce labor market regulations that had been scrapped by the AZNAR government. Adjusting to the monetary and other economic policies of an integrated Europe - and reducing unemployment - will pose challenges to Spain over the next few years.

Spratly Islands Economic activity is limited to commercial fishing. The proximity to nearby oil- and gas-producing sedimentary basins suggests the potential for oil and gas deposits, but the region is largely unexplored; there are no reliable estimates of potential reserves; commercial exploitation has yet to be developed.

Sri Lanka In 1977, Colombo abandoned statist economic policies and its import substitution trade policy for market-oriented policies and export-oriented trade. Sri Lanka's most dynamic sectors now are food processing, textiles and apparel, food and beverages, telecommunications, and insurance and banking. In 2003, plantation crops made up only 15% of exports (compared with 93% in 1970), while textiles and garments accounted for 63%. GDP grew at an average annual rate of 5.5% in the early 1990s until a drought and a deteriorating security situation lowered growth to 3.8% in 1996. The economy rebounded in 1997-2000 with average growth of 5.3%, but 2001 saw the first contraction in the country's history, -1.4%, due to a combination of power shortages, severe budgetary problems, the global slowdown, and continuing civil strife. Growth recovered to 4.0% in 2002 and 5.2% in 2003. About 800,000 Sri Lankans work abroad, 90% in the Middle East. They send home about $1 billion a year. The struggle by the Tamil Tigers of the north and east for a largely independent homeland continues to cast a shadow over the economy.

Sudan Sudan has turned around a struggling economy with sound economic policies and infrastructure investments, yet it still faces formidable economic problems, starting from its low level of per capita output and extending to its devastating civil stife. From 1997 to date, Sudan has been implementing IMF macroeconomic reforms. In 1999, Sudan began exporting crude oil and in the last quarter of 1999 recorded its first trade surplus, which, along with monetary policy, has stabilized the exchange rate. Increased oil production, revived light industry, and expanded export processing zones helped sustain GDP growth at 6.1% in 2003 and 7% in 2004. Agriculture production remains Sudan's most important sector, employing 80% of the work force and contributing 39% of GDP, but most farms remain rain-fed and susceptible to drought. Chronic instability - including the long-standing civil war between the Muslim north and the Christian/pagan south, the ethnic purges in Darfur, adverse weather, and weak world agricultural prices - ensure that much of the population will remain at or below the poverty line for years.

Suriname The economy is dominated by the bauxite industry, which accounts for more than 15% of GDP and 70% of export earnings. Suriname's economic prospects for the medium term will depend on renewed commitment to responsible monetary and fiscal policies and to the introduction of structural reforms to liberalize markets and promote competition. The government of Ronald VENETIAAN has begun an austerity program, raised taxes, and attempted to control spending. However, in 2002, President VENETIAAN agreed to a large pay raise for civil servants, which threatens his earlier gains in stabilizing the economy. The Dutch Government has agreed to restart the aid flow, which will allow Suriname to access international development financing. The short-term economic outlook depends on the government's ability to control inflation and on the development of projects in the bauxite and gold mining sectors.

Svalbard Coal mining is the major economic activity on Svalbard. The treaty of 9 February 1920 gives the 41 signatories equal rights to exploit mineral deposits, subject to Norwegian regulation. Although US, UK, Dutch, and Swedish coal companies have mined in the past, the only companies still mining are Norwegian and Russian. The settlements on Svalbard are essentially company towns. The Norwegian state-owned coal company employs nearly 60% of the Norwegian population on the island, runs many of the local services, and provides most of the local infrastructure. There is also some hunting of seal, reindeer, and fox.

Swaziland In this small, landlocked economy, subsistence agriculture occupies more than 80% of the population. The manufacturing sector has diversified since the mid-1980s. Sugar and wood pulp remain important foreign exchange earners. Mining has declined in importance in recent years with only coal and quarry stone mines remaining active. Surrounded by South Africa, except for a short border with Mozambique, Swaziland is heavily dependent on South Africa from which it receives about nine-tenths of its imports and to which it sends nearly three-quarters of its exports. Customs duties from the Southern African Customs Union and worker remittances from South Africa substantially supplement domestically earned income. The government is trying to improve the atmosphere for foreign investment. Overgrazing, soil depletion, drought, and sometimes floods persist as problems for the future. More than one-fourth of the population needed emergency food aid in 2002 because of drought, and more than one-third of the adult population was infected by HIV/AIDS.

Sweden Aided by peace and neutrality for the whole 20th century, Sweden has achieved an enviable standard of living under a mixed system of high-tech capitalism and extensive welfare benefits. It has a modern distribution system, excellent internal and external communications, and a skilled labor force. Timber, hydropower, and iron ore constitute the resource base of an economy heavily oriented toward foreign trade. Privately owned firms account for about 90% of industrial output, of which the engineering sector accounts for 50% of output and exports. Agriculture accounts for only 2% of GDP and 2% of the jobs. The government's commitment to fiscal discipline resulted in a substantial budgetary surplus in 2001, which was cut by more than half in 2002, due to the global economic slowdown, declining revenue, and increased spending. The Swedish central bank (the Riksbank) is focusing on price stability with its inflation target of 2%. Growth remained sluggish in 2003. On September 14, 2003, Swedish voters turned down entry into the euro system, concerned about the impact on democracy and sovereignty.

Switzerland Switzerland is a prosperous and stable modern market economy with low unemployment, a highly skilled labor force, and a per capita GDP larger than that of the big Western European economies. The Swiss in recent years have brought their economic practices largely into conformity with the EU's to enhance their international competitiveness. Switzerland remains a safe haven for investors, because it has maintained a degree of bank secrecy and has kept up the franc's long-term external value. Reflecting the anemic economic conditions of Europe, GDP growth dropped in 2001 to about 0.8%, to 0.2% in 2002, and to -0.3% in 2003.

Syria Syria's predominantly statist economy lately has been growing more slowly than its 2.4% annual population growth rate. Recent legislation allows private banks to operate in Syria, although a private banking sector will take years and further government cooperation to develop. Factors, including the war between the US-led coalition and Iraq, probably drove real annual GDP growth levels back below 1% in 2003 following growth of 3.5% in 2001 and 4.5% in 2002. A long-run economic constraint is the pressure on water supplies caused by rapid population growth, industrial expansion, and increased water pollution.

Taiwan Taiwan has a dynamic capitalist economy with gradually decreasing guidance of investment and foreign trade by government authorities. In keeping with this trend, some large government-owned banks and industrial firms are being privatized. Exports have provided the primary impetus for industrialization. The trade surplus is substantial, and foreign reserves are the world's third largest. Agriculture contributes 2% to GDP, down from 32% in 1952. While Taiwan is a major investor throughout Southeast Asia, China has become the largest destination for investment and has overtaken the US to become Taiwan's largest export market. Because of its conservative financial approach and its entrepreneurial strengths, Taiwan suffered little compared with many of its neighbors from the Asian financial crisis in 1998. The global economic downturn, combined with problems in policy coordination by the administration and bad debts in the banking system, pushed Taiwan into recession in 2001, the first year of negative growth ever recorded. Unemployment also reached record levels. Output recovered moderately in 2002 in the face of continued global slowdown, fragile consumer confidence, and bad bank loans. Growing economic ties with China are a dominant long-term factor. Exports to China - mainly parts and equipment for the assembly of goods for export to developed countries - drove Taiwan's economic recovery in 2002. Although the SARS epidemic, Typhoon Maemi, corporate scandals, and a drop in consumer spending caused GDP growth to contract to 3.2% in 2003, increasingly strong export performance kept Taiwan's economy on track, and the government expects Taiwan's economy to grow 4.1% in 2004.

Tajikistan Tajikistan has the lowest per capita GDP among the 15 former Soviet republics. Only 5% to 6% of the land area is arable. Cotton is the most important crop. Mineral resources, varied but limited in amount, include silver, gold, uranium, and tungsten. Industry consists only of a large aluminum plant, hydropower facilities, and small obsolete factories mostly in light industry and food processing. The civil war (1992-97) severely damaged the already weak economic infrastructure and caused a sharp decline in industrial and agricultural production. Even though 60% of its people continue to live in abject poverty, Tajikistan has experienced steady economic growth since 1997. Continued privatization of medium and large state-owned enterprises will further increase productivity. Tajikistan's economic situation, however, remains fragile due to uneven implementation of structural reforms, weak governance, widespread unemployment, and the external debt burden. A debt restructuring agreement was reached with Russia in December 2002, including an interest rate of 4%, a 3-year grace period, and a US $49.8 million credit to the Central Bank of Tajikistan.

Tanzania Tanzania is one of the poorest countries in the world. The economy depends heavily on agriculture, which accounts for about half of GDP, provides 85% of exports, and employs 80% of the work force. Topography and climatic conditions, however, limit cultivated crops to only 4% of the land area. Industry traditionally featured the processing of agricultural products and light consumer goods. The World Bank, the International Monetary Fund, and bilateral donors have provided funds to rehabilitate Tanzania's out-of-date economic infrastructure and to alleviate poverty. Growth in 1991-2002 featured a pickup in industrial production and a substantial increase in output of minerals, led by gold. Oil and gas exploration and development played an important role in this growth. Recent banking reforms have helped increase private sector growth and investment. Continued donor assistance and solid macroeconomic policies supported real GDP growth of more than 5.2% in 2004.

Thailand Thailand has a free-enterprise economy and welcomes foreign investment. Exports feature textiles and footwear, fishery products, rice, rubber, jewelry, automobiles, computers and electrical appliances. Thailand has recovered from the 1997-98 Asian Financial Crisis and was one of East Asia's best performers in 2002. Increased consumption and investment spending and strong export growth pushed GDP growth up to 6.3% in 2003 despite a sluggish global economy. The highly popular government has pushed an expansionist policy, including major support of village economic development.

Togo This small sub-Saharan economy is heavily dependent on both commercial and subsistence agriculture, which provides employment for 65% of the labor force. Some basic foodstuffs must still be imported. Cocoa, coffee, and cotton generate about 40% of export earnings, with cotton being the most important cash crop. Togo is the world's fourth-largest producer of phosphate, but production fell an estimated 22% in 2002 due to power shortages and the cost of developing new deposits. The government's decade-long effort, supported by the World Bank and the IMF, to implement economic reform measures, encourage foreign investment, and bring revenues in line with expenditures has moved slowly. Progress depends on following through on privatization, increased openness in government financial operations, progress toward legislative elections, and continued support from foreign donors.

Tokelau Tokelau's small size (three villages), isolation, and lack of resources greatly restrain economic development and confine agriculture to the subsistence level. The people rely heavily on aid from New Zealand - about $4 million annually - to maintain public services, with annual aid being substantially greater than GDP. The principal sources of revenue come from sales of copra, postage stamps, souvenir coins, and handicrafts. Money is also remitted to families from relatives in New Zealand.

Tonga Tonga, a small, open, South Pacific island economy, has a narrow export base in agricultural goods. Squash, coconuts, bananas, and vanilla beans are the main crops, and agricultural exports make up two-thirds of total exports. The country must import a high proportion of its food, mainly from New Zealand. Tourism is the second-largest source of hard currency earnings following remittances. The country remains dependent on external aid and remittances from Tongan communities overseas to offset its trade deficit. The government is emphasizing the development of the private sector, especially the encouragement of investment, and is committing increased funds for health and education. Tonga has a reasonably sound basic infrastructure and well-developed social services. High unemployment among the young and the continuing upturn in inflation are major issues facing the government.

Trinidad and Tobago Trinidad and Tobago, the leading Caribbean producer of oil and gas, has earned a reputation as an excellent investment site for international businesses. Tourism is a growing sector, although not proportionately as important as in many other Caribbean islands. The economy benefits from low inflation and a growing trade surplus. Prospects for growth in 2004 are good as prices for oil, petrochemicals, and liquified natural gas are expected to remain high, and foreign direct investment continues to grow to support expanded capacity in the energy sector. The government is coping with a rise in violent crime.

Tromelin Island no economic activity

Tunisia Tunisia has a diverse economy, with important agricultural, mining, energy, tourism, and manufacturing sectors. Governmental control of economic affairs while still heavy has gradually lessened over the past decade with increasing privatization, simplification of the tax structure, and a prudent approach to debt. Real growth, averaging 5% for the latter half of the last decade, slowed to a 15-year low of 1.9% in 2002 because of agricultural drought, slow investment, and lackluster tourism. Better rains in 2003, however, pushed GDP growth up to an estimated 6 percent, and tourism also recovered after the end of combat operations in Iraq. GDP growth remained at 6% in 2004. Tunisia has agreed to gradually remove barriers to trade with the European Union over the next decade. Broader privatization, further liberalization of the investment code to increase foreign investment, improvements in government efficiency, and reduction of the trade deficit are among the challenges for the future.

Turkey Turkey's dynamic economy is a complex mix of modern industry and commerce along with a traditional agriculture sector that in 2001 still accounted for 40% of employment. It has a strong and rapidly growing private sector, yet the state still plays a major role in basic industry, banking, transport, and communication. The largest industrial sector is textiles and clothing, which accounts for one-third of industrial employment; it faces stiff competition in international markets with the end of the global quota system. However, other sectors, notably the automotive and electonics industries, are rising in importance within Turkey's export mix. In recent years the economic situation has been marked by erratic economic growth and serious imbalances. Real GNP growth has exceeded 6% in many years, but this strong expansion has been interrupted by sharp declines in output in 1994, 1999, and 2001. Meanwhile, the public sector fiscal deficit has regularly exceeded 10% of GDP - due in large part to the huge burden of interest payments, which accounted for more than 40% of central government spending in 2003. Inflation, in recent years in the high double-digit range, fell to 11.3% in 2004. Perhaps because of these problems, foreign direct investment in Turkey remains low - less than $1 billion annually. Results in 2002-04 improved, because of strong financial support from the IMF and tighter fiscal policy. A major political and economic issue over the next decade is whether or not Turkey will become a member of the EU.

Turkmenistan Turkmenistan is largely desert country with intensive agriculture in irrigated oases and large gas and oil resources. One-half of its irrigated land is planted in cotton, making it at one time the world's tenth-largest producer. Poor harvests in recent years have led to a nearly 46% decline in cotton exports. With an authoritarian ex-Communist regime in power and a tribally based social structure, Turkmenistan has taken a cautious approach to economic reform, hoping to use gas and cotton sales to sustain its inefficient economy. Privatization goals remain limited. In 1998-2003, Turkmenistan suffered from the continued lack of adequate export routes for natural gas and from obligations on extensive short-term external debt. At the same time, however, total exports rose by 38% in 2003, largely because of higher international oil and gas prices. Overall prospects in the near future are discouraging because of widespread internal poverty, the burden of foreign debt, and the unwillingness of the government to adopt market-oriented reforms. However, Turkmenistan's cooperation with the international community in transporting humanitarian aid to Afghanistan may foreshadow a change in the atmosphere for foreign investment, aid, and technological support. Turkmenistan's economic statistics are state secrets, and GDP and other figures are subject to wide margins of error. In particular, the 20% rate of GDP growth is a guess.

Turks and Caicos Islands The Turks and Caicos economy is based on tourism, fishing, and offshore financial services. Most capital goods and food for domestic consumption are imported. The US is the leading source of tourists, accounting for more than half of the 93,000 visitors in the late 1990s. Major sources of government revenue include fees from offshore financial activities and customs receipts. Tourism fell by 6% in 2002.

Tuvalu Tuvalu consists of a densely populated, scattered group of nine coral atolls with poor soil. The country has no known mineral resources and few exports. Subsistence farming and fishing are the primary economic activities. Fewer than 1,000 tourists, on average, visit Tuvalu annually. Government revenues largely come from the sale of stamps and coins and worker remittances. About 1,000 Tuvaluans work in Nauru in the phosphate mining industry. Nauru has begun repatriating Tuvaluans, however, as phosphate resources decline. Substantial income is received annually from an international trust fund established in 1987 by Australia, NZ, and the UK and supported also by Japan and South Korea. Thanks to wise investments and conservative withdrawals, this Fund has grown from an initial $17 million to over $35 million in 1999. The US government is also a major revenue source for Tuvalu, because of payments from a 1988 treaty on fisheries. In an effort to reduce its dependence on foreign aid, the government is pursuing public sector reforms, including privatization of some government functions and personnel cuts of up to 7%. In 1998, Tuvalu began deriving revenue from use of its area code for "900" lines and in 2000, from the lease of its ".tv" Internet domain name. Royalties from these new technology sources could increase substantially over the next decade. With merchandise exports only a fraction of merchandise imports, continued reliance must be placed on fishing and telecommunications license fees, remittances from overseas workers, official transfers, and investment income from overseas assets.

Uganda Uganda has substantial natural resources, including fertile soils, regular rainfall, and sizable mineral deposits of copper and cobalt. Agriculture is the most important sector of the economy, employing over 80% of the work force. Coffee accounts for the bulk of export revenues. Since 1986, the government - with the support of foreign countries and international agencies - has acted to rehabilitate and stabilize the economy by undertaking currency reform, raising producer prices on export crops, increasing prices of petroleum products, and improving civil service wages. The policy changes are especially aimed at dampening inflation and boosting production and export earnings. During 1990-2001, the economy turned in a solid performance based on continued investment in the rehabilitation of infrastructure, improved incentives for production and exports, reduced inflation, gradually improved domestic security, and the return of exiled Indian-Ugandan entrepreneurs. Corruption within the government and slippage in the government's determination to press reforms raise doubts about the continuation of strong growth. In 2000, Uganda qualified for enhanced Highly Indebted Poor Countries (HIPC) debt relief worth $1.3 billion and Paris Club debt relief worth $145 million. These amounts combined with the original HIPC debt relief added up to about $2 billion. Growth for 2001-02 was solid despite continued decline in the price of coffee, Uganda's principal export. Solid growth in 2003 reflected an upturn in Uganda's export markets.

Ukraine After Russia, the Ukrainian republic was far and away the most important economic component of the former Soviet Union, producing about four times the output of the next-ranking republic. Its fertile black soil generated more than one-fourth of Soviet agricultural output, and its farms provided substantial quantities of meat, milk, grain, and vegetables to other republics. Likewise, its diversified heavy industry supplied the unique equipment (for example, large diameter pipes) and raw materials to industrial and mining sites (vertical drilling apparatus) in other regions of the former USSR. Ukraine depends on imports of energy, especially natural gas, to meet some 85% of its annual energy requirements. Shortly after independence in December 1991, the Ukrainian Government liberalized most prices and erected a legal framework for privatization, but widespread resistance to reform within the government and the legislature soon stalled reform efforts and led to some backtracking. Output by 1999 had fallen to less than 40% of the 1991 level. Loose monetary policies pushed inflation to hyperinflationary levels in late 1993. Ukraine's dependence on Russia for energy supplies and the lack of significant structural reform have made the Ukrainian economy vulnerable to external shocks. President KUCHMA had pledged to reduce the number of government agencies, streamline the regulatory process, create a legal environment to encourage entrepreneurs, and enact a comprehensive tax overhaul. Reforms in the more politically sensitive areas of structural reform and land privatization are still lagging. Outside institutions - particularly the IMF - have encouraged Ukraine to quicken the pace and scope of reforms. GDP in 2000 showed strong export-based growth of 6% - the first growth since independence - and industrial production grew 12.9%. The economy continued to expand in 2001 as real GDP rose 9% and industrial output grew by over 14%. Growth of 4.6% in 2002 was more moderate, in part a reflection of faltering growth in the developed world. In general, growth has been undergirded by strong domestic demand, low inflation, and solid consumer and investor confidence. Growth was a sturdy 9.3% in 2003 and a remarkable 12% in 2004, despite a loss of momentum in needed economic reforms.

United Arab Emirates The UAE has an open economy with a high per capita income and a sizable annual trade surplus. Its wealth is based on oil and gas output (about 33% of GDP), and the fortunes of the economy fluctuate with the prices of those commodities. Since 1973, the UAE has undergone a profound transformation from an impoverished region of small desert principalities to a modern state with a high standard of living. At present levels of production, oil and gas reserves should last for more than 100 years. The government has increased spending on job creation and infrastructure expansion and is opening up its utilities to greater private sector involvement.

United Kingdom The UK, a leading trading power and financial center, is one of the quartet of trillion dollar economies of Western Europe. Over the past two decades the government has greatly reduced public ownership and contained the growth of social welfare programs. Agriculture is intensive, highly mechanized, and efficient by European standards, producing about 60% of food needs with only 1% of the labor force. The UK has large coal, natural gas, and oil reserves; primary energy production accounts for 10% of GDP, one of the highest shares of any industrial nation. Services, particularly banking, insurance, and business services, account by far for the largest proportion of GDP while industry continues to decline in importance. GDP growth slipped in 2001-03 as the global downturn, the high value of the pound, and the bursting of the "new economy" bubble hurt manufacturing and exports. Still, the economy is one of the strongest in Europe; inflation, interest rates, and unemployment remain low. The relatively good economic performance has complicated the BLAIR government's efforts to make a case for Britain to join the European Economic and Monetary Union (EMU). Critics point out, however, that the economy is doing well outside of EMU, and they point to public opinion polls that continue to show a majority of Britons opposed to the euro. Meantime, the government has been speeding up the improvement of education, transport, and health services, at a cost in higher taxes. The war in March-April 2003 between a US-led coalition and Iraq, together with the subsequent problems of restoring the economy and the polity, involve a heavy commitment of British military forces.

United States The US has the largest and most technologically powerful economy in the world, with a per capita GDP of $37,800. In this market-oriented economy, private individuals and business firms make most of the decisions, and the federal and state governments buy needed goods and services predominantly in the private marketplace. US business firms enjoy considerably greater flexibility than their counterparts in Western Europe and Japan in decisions to expand capital plant, to lay off surplus workers, and to develop new products. At the same time, they face higher barriers to entry in their rivals' home markets than the barriers to entry of foreign firms in US markets. US firms are at or near the forefront in technological advances, especially in computers and in medical, aerospace, and military equipment; their advantage has narrowed since the end of World War II. The onrush of technology largely explains the gradual development of a "two-tier labor market" in which those at the bottom lack the education and the professional/technical skills of those at the top and, more and more, fail to get comparable pay raises, health insurance coverage, and other benefits. Since 1975, practically all the gains in household income have gone to the top 20% of households. The years 1994-2000 witnessed solid increases in real output, low inflation rates, and a drop in unemployment to below 5%. The year 2001 saw the end of boom psychology and performance, with output increasing only 0.3% and unemployment and business failures rising substantially. The response to the terrorist attacks of 11 September 2001 showed the remarkable resilience of the economy. Moderate recovery took place in 2002 with the GDP growth rate rising to 2.4%. A major short-term problem in first half 2002 was a sharp decline in the stock market, fueled in part by the exposure of dubious accounting practices in some major corporations. The war in March/April 2003 between a US-led coalition and Iraq shifted resources to the military. In 2003, growth in output and productivity and the recovery of the stock market to above 10,000 for the Dow Jones Industrial Average were promising signs. Unemployment stayed at the 6% level, however, and began to decline only at the end of the year. Long-term problems include inadequate investment in economic infrastructure, rapidly rising medical and pension costs of an aging population, sizable trade and budget deficits, and stagnation of family income in the lower economic groups.

Uruguay Uruguay's well-to-do economy is characterized by an export-oriented agricultural sector, a well-educated workforce, and high levels of social spending. After averaging growth of 5% annually during 1996-98, in 1999-2002 the economy suffered a major downturn, stemming largely from the spillover effects of the economic problems of its large neighbors, Argentina and Brazil. For instance, in 2001-02 massive withdrawals by Argentina of dollars deposited in Uruguayan banks led to a plunge in the Uruguyan peso and a massive rise in unemployment. Total GDP in these four years dropped by nearly 20%, with 2002 the worst year due to the serious banking crisis. Unemployment rose to nearly 20% in 2002, inflation surged, and the burden of external debt doubled. Cooperation with the IMF and the US has limited the damage. The debt swap with private creditors carried out in 2003, which extended the maturity dates on nearly half of Uruguay's $11.3 billion in public debt, substantially alleviated the country's amortization burden in the coming years and restored public confidence. The economy is expected to resume growth in 2004 (perhaps 4% or more) as a result of high commodity prices for Uruguayan exports, the weakness of the dollar against the euro, growth in the region, low international interest rates, and greater export competitiveness. On the negative side, in December 2003 the electorate voted to repeal the law permitting a cautious liberalization of the energy industry.

Uzbekistan Uzbekistan is a dry, landlocked country of which 11% consists of intensely cultivated, irrigated river valleys. More than 60% of its population lives in densely populated rural communities. Uzbekistan is now the world's second-largest cotton exporter, a large producer of gold and oil, and a regionally significant producer of chemicals and machinery. Following independence in December 1991, the government sought to prop up its Soviet-style command economy with subsidies and tight controls on production and prices. Uzbekistan responded to the negative external conditions generated by the Asian and Russian financial crises by emphasizing import substitute industrialization and by tightening export and currency controls within its already largely closed economy. The government, while aware of the need to improve the investment climate, sponsors measures that often increase, not decrease, the government's control over business decisions. A sharp increase in the inequality of income distribution has hurt the lower ranks of society since independence. In 2003, the government accepted the obligations of Article VIII under the International Monetary Fund (IMF), providing for full currency convertibility. However, strict currency controls and tightening of borders have lessened the effects of convertibility and have also lead to some shortages which have further stifled economic activity.

Vanuatu This South Pacific island economy is based primarily on small-scale agriculture, which provides a living for 65% of the population. Fishing, offshore financial services, and tourism, with about 50,000 visitors in 1997, are other mainstays of the economy. Mineral deposits are negligible; the country has no known petroleum deposits. A small light industry sector caters to the local market. Tax revenues come mainly from import duties. Economic development is hindered by dependence on relatively few commodity exports, vulnerability to natural disasters, and long distances from main markets and between constituent islands. A severe earthquake in November 1999 followed by a tsunami, caused extensive damage to the northern island of Pentecote and left thousands homeless. Another powerful earthquake in January 2002 caused extensive damage in the capital, Port-Vila, and surrounding areas, and also was followed by a tsunami. GDP growth rose less than 3% on average in the 1990s. In response to foreign concerns, the government has promised to tighten regulation of its offshore financial center. In mid-2002 the government stepped up efforts to boost tourism. Agriculture, especially livestock farming, is a second target for growth. Australia and New Zealand are the main suppliers of tourists and foreign aid. Growth expanded moderately in 2003.

Venezuela Venezuela continues to be highly dependent on the petroleum sector, which accounts for roughly one-third of GDP, around 80% of export earnings, and more than half of government operating revenues. Despite higher oil prices at the end of 2002 and into 2003, domestic political instability, culminating in a disastrous two-month national oil strike from December 2002 to February 2003, temporarily halted economic activity. The economy remained in depression in 2003, declining by 9.2% after an 8.9% fall in 2002. In late 2003, President CHAVEZ committed himself to $1 billion in new social programs, money the government does not have.

Vietnam Vietnam is a poor, densely-populated country that has had to recover from the ravages of war, the loss of financial support from the old Soviet Bloc, and the rigidities of a centrally-planned economy. Substantial progress was achieved from 1986 to 1996 in moving forward from an extremely low starting point - growth averaged around 9% per year from 1993 to 1997. The 1997 Asian financial crisis highlighted the problems in the Vietnamese economy, but rather than prompting reform, reaffirmed the government's belief that shifting to a market-oriented economy would lead to disaster. GDP growth of 8.5% in 1997 fell to 6% in 1998 and 5% in 1999. Growth then rose to 6% to 7% in 2000-02 even against the background of global recession. These numbers mask some major difficulties in economic performance. Many domestic industries, including coal, cement, steel, and paper, have reported large stockpiles of inventory and tough competition from more efficient foreign producers. Since the Party elected new leadership in 2001, Vietnamese authorities have reaffirmed their commitment to economic liberalization and have moved to implement the structural reforms needed to modernize the economy and to produce more competitive, export-driven industries. The US-Vietnam Bilateral Trade Agreement entered into force near the end of 2001 and is expected to significantly increase Vietnam's exports to the US. The US is assisting Vietnam with implementing the legal and structural reforms called for in the agreement.

Virgin Islands Tourism is the primary economic activity, accounting for 80% of GDP and employment. The islands normally host 2 million visitors a year. The manufacturing sector consists of petroleum refining, textiles, electronics, pharmaceuticals, and watch assembly. The agricultural sector is small, with most food being imported. International business and financial services are a small but growing component of the economy. One of the world's largest petroleum refineries is at Saint Croix. The islands are subject to substantial damage from storms. The government is working to improve fiscal discipline, to support construction projects in the private sector, to expand tourist facilities, to reduce crime, and to protect the environment.

Wake Island Economic activity is limited to providing services to contractors located on the island. All food and manufactured goods must be imported.

Wallis and Futuna The economy is limited to traditional subsistence agriculture, with about 80% labor force earnings from agriculture (coconuts and vegetables), livestock (mostly pigs), and fishing. About 4% of the population is employed in government. Revenues come from French Government subsidies, licensing of fishing rights to Japan and South Korea, import taxes, and remittances from expatriate workers in New Caledonia.

West Bank Real per capita GDP for the West Bank and Gaza Strip (WBGS) declined by about one-third between 1992 and 1996 due to the combined effect of falling aggregate incomes and rapid population growth. The downturn in economic activity was largely the result of Israeli closure policies - the imposition of border closures in response to security incidents in Israel - which disrupted labor and commodity market relationships between Israel and the WBGS. The most serious social effect of this downturn was rising unemployment, which in the WBGS during the 1980s was generally under 5%; by 1995 it had risen to over 20%. Israel's use of comprehensive closures during the next three years decreased and, in 1998, Israel implemented new policies to reduce the impact of closures and other security procedures on the movement of Palestinian goods and labor. These changes fueled an almost three-year-long economic recovery in the West Bank and Gaza Strip; real GDP grew by 5% in 1998 and 6% in 1999. Recovery was upended in the last quarter of 2000 with the outbreak of violence, which triggered tight Israeli closures of Palestinian self-rule areas and severely disrupted trade and labor movements. In 2001, and even more severely in 2002, Israeli military measures in Palestinian Authority areas resulted in the destruction of much capital plant and administrative structure, widespread business closures, and a sharp drop in GDP. Including Gaza Strip, the UN estimates that more than 100,000 Palestinians out of the 125,000 who used to work in Israel, in Israeli settlements, or in joint industrial zones have lost their jobs. In addition, about 80,000 Palestinian workers inside the Territories are losing their jobs. International aid of $2 billion in 2001-02 to the West Bank and Gaza Strip prevented the complete collapse of the economy. In 2004, on-going border issues and the death of Yasser ARAFAT continued to complicate the economic situation.

Western Sahara Western Sahara depends on pastoral nomadism, fishing, and phosphate mining as the principal sources of income for the population. The territory lacks sufficient rainfall for sustainable agricultural production, and most of the food for the urban population must be imported. All trade and other economic activities are controlled by the Moroccan Government. Moroccan energy interests in 2001 signed contracts to explore for oil off the coast of Western Sahara, which has angered the Polisario. Incomes and standards of living in Western Sahara are substantially below the Moroccan level.

World Global output rose by 3.7% in 2003, led by China (9.1%), India (7.6%), and Russia (7.3%). The other 14 successor nations of the USSR and the other old Warsaw Pact nations again experienced widely divergent growth rates; the three Baltic nations continued as strong performers, in the 5%-7% range of growth. Growth results posted by the major industrial countries varied from a loss by Germany (-0.1%) to a strong gain by the United States (3.1%). The developing nations also varied in their growth results, with many countries facing population increases that erode gains in output. Externally, the nation-state, as a bedrock economic-political institution, is steadily losing control over international flows of people, goods, funds, and technology. Internally, the central government often finds its control over resources slipping as separatist regional movements - typically based on ethnicity - gain momentum, e.g., in many of the successor states of the former Soviet Union, in the former Yugoslavia, in India, in Iraq, in Indonesia, and in Canada. Externally, the central government is losing decision-making powers to international bodies. In Western Europe, governments face the difficult political problem of channeling resources away from welfare programs in order to increase investment and strengthen incentives to seek employment. The addition of 80 million people each year to an already overcrowded globe is exacerbating the problems of pollution, desertification, underemployment, epidemics, and famine. Because of their own internal problems and priorities, the industrialized countries devote insufficient resources to deal effectively with the poorer areas of the world, which, at least from the economic point of view, are becoming further marginalized. The introduction of the euro as the common currency of much of Western Europe in January 1999, while paving the way for an integrated economic powerhouse, poses economic risks because of varying levels of income and cultural and political differences among the participating nations. The terrorist attacks on the US on 11 September 2001 accentuate a further growing risk to global prosperity, illustrated, for example, by the reallocation of resources away from investment to anti-terrorist programs. The opening of war in March 2003 between a US-led coalition and Iraq added new uncertainties to global economic prospects. After the coalition victory, the complex political difficulties and the high economic cost of establishing domestic order in Iraq became major global problems that continue into 2004.

Yemen Yemen, one of the poorest countries in the Arab world, reported strong growth in the mid-1990s with the onset of oil production. It has been harmed by periodic declines in oil prices, but now benefits from current high prices. Yemen has embarked on an IMF-supported structural adjustment program designed to modernize and streamline the economy, which has led to substantial foreign debt relief and restructuring. International donors, meeting in Paris in October 2002, agreed on a further $2.3 billion economic support package. Yemen has worked to maintain tight control over spending and to implement additional components of the IMF program. A markedly high population growth rate and internal political dissension complicate the government's task. Plans include a diversification of the economy, encouragement of tourism, and more efficient use of scarce water resources.

Zambia Despite progress in privatization and budgetary reform, Zambia's economic growth remains below the 5% to 7% necessary to reduce poverty significantly. Privatization of government-owned copper mines relieved the government from covering mammoth losses generated by the industry and greatly improved the chances for copper mining to return to profitability and spur economic growth. Copper output increased in 2003 and is expected to increase again in 2004, due to higher copper prices. The maize harvest doubled in 2003, helping boost GDP by 4.0%. Cooperation continues with international bodies on programs to reduce poverty, including a new lending arrangement with the IMF expected in the second quarter, 2004. A tighter monetary policy will help cut inflation, but Zambia still has a serious problem with fiscal discipline.

Zimbabwe The government of Zimbabwe faces a wide variety of difficult economic problems as it struggles with an unsustainable fiscal deficit, an overvalued exchange rate, soaring inflation, and bare shelves. Its 1998-2002 involvement in the war in the Democratic Republic of the Congo, for example, drained hundreds of millions of dollars from the economy. Badly needed support from the IMF has been suspended because of the country's failure to meet budgetary goals. Inflation rose from an annual rate of 32% in 1998 to 383% in 2003, and is expected to reach 700% in 2004. The government's land reform program, characterized by chaos and violence, has badly damaged the commercial farming sector, the traditional source of exports and foreign exchange and the provider of 400,000 jobs.

This page was last updated on 10 February, 2005



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@2117 Pipelines (km)

Afghanistan gas 387 km (2004)

Albania gas 339 km; oil 207 km (2004)

Algeria condensate 1,344 km; gas 85,946 km; liquid petroleum gas 2,213 km; oil 6,496 km (2004)

Angola gas 214 km; liquid natural gas 14 km; liquid petroleum gas 30 km; oil 837 km; refined products 56 km (2004)

Argentina gas 27,166 km; liquid petroleum gas 41 km; oil 3,668 km; refined products 2,945 km; unknown (oil/water) 13 km (2004)

Armenia gas 1,871 km (2004)

Australia condensate/gas 492 km; gas 28,680 km; liquid petroleum gas 240 km; oil 4,773 km; oil/gas/water 110 km (2004)

Austria gas 2,722 km; oil 663 km; refined products 149 km (2004)

Azerbaijan gas 4,451 km; oil 1,518 km (2004)

Bahrain gas 20 km; oil 53 km (2004)

Bangladesh gas 2,012 km (2004)

Belarus gas 5,223 km; oil 2,443 km; refined products 1,686 km (2004)

Belgium gas 1,485 km; oil 158 km; refined products 535 km (2004)

Bolivia gas 4,860 km; liquid petroleum gas 47 km; oil 2,457 km; refined products 1,589 km; unknown (oil/water) 247 km (2004)

Brazil condensate/gas 244 km; gas 10,739 km; liquid petroleum gas 341 km; oil 5,212 km; refined products 4,755 km (2004)

Brunei gas 665 km; oil 439 km (2004)

Bulgaria gas 2,425 km; oil 339 km; refined products 156 km (2004)

Burma gas 2,056 km; oil 558 km (2004)

Cameroon gas 90 km; liquid petroleum gas 9 km; oil 1,120 km (2004)

Canada crude and refined oil 23,564 km; liquid petroleum gas 74,980 km (2003)

Chad oil 205 km (2004)

Chile gas 2,583 km; gas/lpg 42 km; liquid petroleum gas 539 km; oil 1,003 km; refined products 757 km (2004)

China gas 15,890 km; oil 14,478 km; refined products 3,280 km (2004)

Colombia gas 4,360 km; oil 6,134 km; refined products 3,140 km (2004)

Congo, Democratic Republic of the gas 54 km; oil 71 km (2004)

Congo, Republic of the gas 53 km; oil 646 km (2004)

Costa Rica refined products 242 km (2004)

Cote d'Ivoire condensate 107 km; gas 223 km; oil 104 km (2004)

Croatia gas 1,340 km; oil 583 km (2004)

Cuba gas 49 km; oil 230 km (2004)

Czech Republic gas 7,020 km; oil 547 km; refined products 94 km (2004)

Denmark condensate 12 km; gas 3,892 km; oil 455 km; oil/gas/water 2 km; unknown (oil/water) 64 km (2004)

Ecuador extra heavy crude 578 km; gas 71 km; oil 1,386 km; refined products 1,185 km (2004)

Egypt condensate 289 km; condensate/gas 94 km; gas 6,115 km; liquid petroleum gas 852 km; oil 5,032 km; oil/gas/water 36 km; refined products 246 km (2004)

Equatorial Guinea condensate 37 km; gas 39 km; liquid natural gas 4 km; oil 24 km (2004)

Estonia gas 859 km (2004)

Finland gas 694 km (2004)

France gas 14,232 km; oil 3,024 km; refined products 4,889 km (2004)

Gabon gas 210 km; oil 1,385 km (2004)

Georgia gas 1,697 km; oil 1,027 km; refined products 232 km (2004)

Germany condensate 325 km; gas 25,293 km; oil 3,540 km; refined products 3,827 km (2004)

Ghana refined products 74 km (2004)

Greece gas 1,166 km; oil 94 km (2004)

Guatemala oil 480 km (2004)

Hungary gas 4,397 km; oil 990 km; refined products 335 km (2004)

India gas 6,171 km; liquid petroleum gas 1,195 km; oil 5,613 km; refined products 5,567 km (2004)

Indonesia condensate 850 km; condensate/gas 128 km; gas 8,506 km; oil 7,472 km; oil/gas/water 66 km; refined products 1,329 km (2004)

Iran condensate/gas 212 km; gas 16,998 km; liquid petroleum gas 570 km; oil 8,256 km; refined products 7,808 km (2004)

Iraq gas 1,739 km; oil 5,418 km; refined products 1,343 km (2004)

Ireland gas 1,795 km (2004)

Israel gas 140 km; oil 1,509 km (2004)

Italy gas 17,335 km; oil 1,136 km (2004)

Japan gas 2,719 km; oil 170 km; oil/gas/water 60 km (2004)

Jordan gas 10 km; oil 743 km (2004)

Kazakhstan condensate 18 km; gas 10,370 km; oil 10,158 km; refined products 1,187 km (2004)

Kenya refined products 752 km (2004)

Korea, North oil 154 km (2004)

Korea, South gas 1,433 km; refined products 827 km (2004)

Kuwait gas 169 km; oil 540 km; refined products 57 km (2004)

Kyrgyzstan gas 367 km; oil 13 km (2004)

Laos refined products 540 km (2004)

Latvia gas 1,097 km; oil 409 km; refined products 415 km (2004)

Lebanon oil 209 km (2004)

Libya condensate 225 km; gas 3,611 km; oil 7,252 km (2004)

Liechtenstein gas 20 km (2004)

Lithuania gas 1,696 km; oil 331 km; refined products 109 km (2004)

Luxembourg gas 155 km (2004)

Macedonia gas 268 km; oil 120 km (2004)

Malaysia condensate 279 km; gas 5,047 km; oil 1,841 km; refined products 114 km (2004)

Mexico crude oil 28,200 km; petroleum products 10,150 km; natural gas 13,254 km; petrochemical 1,400 km (2003)

Moldova gas 606 km (2004)

Morocco gas 695 km; oil 285 km (2004)

Mozambique gas 649 km; refined products 292 km (2004)

Netherlands condensate 325 km; gas 6,998 km; oil 590 km; refined products 716 km (2004)

New Zealand gas 2,213 km; liquid petroleum gas 79 km; oil 160 km; refined products 304 km (2004)

Nicaragua oil 54 km (2004)

Nigeria condensate 105 km; gas 1,896 km; oil 3,638 km; refined products 3,626 km (2004)

Norway condensate 411 km; gas 6,199 km; oil 2,213 km; oil/gas/water 746 km; unknown (oil/water) 38 km (2004)

Oman gas 3,754 km; oil 3,212 km (2004)

Pakistan gas 9,945 km; oil 1,821 km (2004)

Papua New Guinea oil 264 km (2004)

Peru gas 388 km; oil 1,557 km; refined products 13 km (2004)

Philippines gas 565 km; oil 135 km; refined products 100 km (2004)

Poland gas 13,552 km; oil 1,772 km (2004)

Portugal gas 1,099 km; oil 8 km; refined products 174 km (2004)

Qatar condensate 319 km; condensate/gas 209 km; gas 1,024 km; liquid petroleum gas 87 km; oil 702 km; oil/gas/water 41 km (2004)

Romania gas 3,508 km; oil 2,427 km (2004)

Russia condensate 122 km; gas 150,007 km; oil 75,539 km; refined products 13,771 km (2004)

Saudi Arabia condensate 212 km; gas 1,780 km; liquid petroleum gas 1,191 km; oil 5,068 km; refined products 1,162 km (2004)

Senegal gas 564 km (2004)

Serbia and Montenegro gas 3,177 km; oil 393 km (2004)

Singapore gas 139 km (2004)

Slovakia gas 6,769 km; oil 449 km (2004)

Slovenia gas 2,526 km; oil 11 km (2004)

South Africa condensate 100 km; gas 1,052 km; oil 847 km; refined products 1,354 km (2004)

Spain gas 7,306 km; oil 730 km; refined products 3,512 km (2004)

Sudan gas 156 km; oil 2,365 km; refined products 810 km (2004)

Suriname oil 51 km (2004)

Sweden gas 798 km (2004)

Switzerland gas 1,831 km; oil 94 km; refined products 7 km (2004)

Syria gas 2,300 km; oil 2,183 km (2004)

Taiwan condensate 25 km; gas 435 km (2004)

Tajikistan gas 541 km; oil 38 km (2004)

Tanzania gas 29 km; oil 866 km (2004)

Thailand gas 3,112 km; refined products 265 km (2004)

Trinidad and Tobago condensate 253 km; gas 1,117 km; oil 478 km (2004)

Tunisia gas 3,059 km; oil 1,203 km; refined products 345 km (2004)

Turkey gas 3,177 km; oil 3,562 km (2004)

Turkmenistan gas 6,549 km; oil 1,395 km (2004)

Ukraine gas 20,069 km; oil 4,540 km; refined products 4,169 km (2004)

United Arab Emirates condensate 469 km; gas 2,655 km; liquid petroleum gas 300 km; oil 2,936 km; oil/gas/water 5 km (2004)

United Kingdom condensate 370 km; gas 21,446 km; liquid petroleum gas 59 km; oil 6,420 km; oil/gas/water 63 km; refined products 4,474 km (2004)

United States petroleum products 244,620 km; natural gas 548,665 km (2003)

Uruguay gas 192 km (2004)

Uzbekistan gas 9,149 km; oil 869 km; refined products 33 km (2004)

Venezuela extra heavy crude 992 km; gas 5,262 km; oil 7,360 km; refined products 1,681 km; unknown (oil/water) 141 km (2004)

Vietnam condensate/gas 432 km; gas 210 km; oil 3 km; refined products 206 km (2004)

Yemen gas 88 km; oil 1,174 km (2004)

Zambia oil 771 km (2004)

Zimbabwe refined products 261 km (2004)

This page was last updated on 10 February, 2005



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@2118 Political parties and leaders

Afghanistan note - includes only political parties approved by the Ministry of Justice: Afghan Millat [Anwarul Haq AHADI]; De Afghanistan De Solay Ghorzang Gond [Shahnawaz TANAI]; De Afghanistan De Solay Mili Islami Gond [Shah Mahmood Polal ZAI]; Harakat-e-Islami Afghanistan [Mohammad Asif MOHSINEE]; Hezb-e-Aarman-e-Mardum-e-Afghanistan [Iihaj Saraj-u-din ZAFAREE]; Hezb-e-Aazadee Afghanistan [Abdul MALIK]; Hezb-e-Adalat-e-Islami Afghanistan [Mohammad Kabeer MARZBAN]; Hezb-e-Afghanistan-e-Wahid [Mohammad Wasil RAHEEMEE]; Hezb-e-Afghan Watan Islami Gond [NA leader]; Hezb-e-Congra-e-Mili Afghanistan [Lateef PIDRAM]; Hezb-e-Falah-e-Mardum-e-Afghanistan [Mohammad ZAREEF]; Hezb-e-Libral-e-Aazadee Khwa-e-Mardum-e-Afghanistan [Ajmal SOHAIL]; Hezb-e-Hambastagee Mili Jawanan-e-Afghanistan [Mohammad Jamil KARZAI]; Hezb-e-Hamnbatagee-e-Afghanistan [Abdul Khaleq NEMAT]; Hezb-e-Harakat-e-Mili Wahdat-e-Afghanistan [Moahammad Nadir AATASH]; Hezb-e-Harak-e-Islami Mardum-e-Afghanistan [Ilhaj Said Hssain ANWARY]; Hezb-e-Ifazat Az Uqoq-e-Bashar Wa Inkishaf-e-Afghanistan [Baryalai NASRATEE]; Hezb-e-Istiqlal-e-Afghanistan [Dr. Gh. Farooq NIJZRABEE]; Hezb-e-Jamhoree Khwahan [Sibghatullah SANJAR]; Hezb-e-Kar Wa Tawsiha-e-Afghanistan [Zulfiar OMID]; Hezb-e-Mili Afghanistan [Abdul Rasheed AARYAN]; Hezb-e-Mili Wahdat-e-Aqwam-e-Islami Afghanistan [Mohammad Shah KHOGYANEE]; Hezb-e-Nuhzhat-e-Mili Afghanistan [Ahmad Wali MASOUD]; Hezb-e-Paiwand-e-Mili Afghanistan [Said Mansoor NADIRI]; Hezb-e-Rastakhaiz-e-Islami Mardum-e-Afghanistan [Said ZAHIR]; Hezb-e-Refah-e-Mardum-e-Afghanistan [Mia Gul WASEEQ]; Hezb-e-Risalat-e-Mardum-e-Afghanistan [Noor Aqa ROEEN]; Hezb-e-Sahadat-e-Mardum-e-Afghanistan [Mohammad Zubair PAIROZ]; Hezb-e-Sahadat-e-Mili Wa Islami Afghanistan [Mohammad Usman SALIGZADA]; Hezb-e-Sulh-e-Mili Islami Aqwam-e-Afghanistan [Abdul Qahir SHARYATEE]; Hezb-e-Sulh Wa Wahdat-e-Mili Afghanistan [Abdul Qadir IMAMEE]; Hezb-e-Tafahum-e-Wa Democracy Afghanistan [Ahamad SHAHEEN]; Hezb-e-Wahdat-e-Islami Afghanistan [Mohammad Karim KHALILI]; Hezb-e-Wahdat-e-Islami Mardum-e-Afghanistan [Haji Mohammad MUHAQIQ]; Hezb-e-Wahdat-e-Mili Afghanistan [Abdul Rasheed Jalili]; Jamahat-ul-Dahwat ilal Qurhan-wa-Sunat-ul-Afghanistan [Mawlawee Samiullah NAJEEBEE]; Jombesh-e Milli [Abdul Rashjid DOSTUM]; Mahaz-e-Mili Islami Afghanistan [Said Ahmad GAILANEE]; Majmah-e-Mili Fahaleen-e-Sulh-e-Afghanistan [Shams ul Haq Noor SHAMS]; Nuhzat-e-Aazadee Wa democracy Afghanistan [Abdul Raqeeb Jawid KUHISTANEE]; Nuhzat-e-Hambastagee Mili Afghanistan [Peer Said Ishaq GAILANEE]; Sazman-e-Islami Afghanistan-e-Jawan [Siad Jawad HUSSAINEE]; Tahreek Wahdat-e-Mili [Sultan Mahmood DHAZI] (30 Sep 2004)

Albania Agrarian Environmentalist Party or PAA [Lufter XHUVELI]; Christian Democratic Party or PDK [Nikolle LESI]; Communist Party of Albania or PKSH [Hysni MILLOSHI]; Democratic Alliance Party or PAD [Neritan CEKA]; Democratic Party or PD [Sali BERISHA]; Legality Movement Party or PLL [Ekrem SPAHIU]; Liberal Union Party or PBL [Arjan STAROVA]; National Front Party (Balli Kombetar) or PBK [Adriatik ALIMADHI]; New Democratic Party or PDR [Genc POLLO]; Party of National Unity or PUK [Idajet BEQIRI]; Renewed Democratic Party or PDR [Dashamir SHEHI]; Republican Party or PR [Fatmir MEDIU]; Social Democracy Party or PDS [Paskal MILO]; Social Democratic Party or PSD [Skender GJINUSHI]; Socialist Movement for Integration or LSI [Ilir META]; Socialist Party or PS (formerly the Albanian Party of Labor) [Fatos NANO]; Union for Human Rights Party or PBDNJ [Vangjel DULE]

Algeria Algerian National Front or FNA [Moussa TOUATI]; Democratic National Rally or RND [Ahmed OUYAHIA, chairman]; Islamic Salvation Front or FIS (outlawed April 1992) [Ali BELHADJ and Dr. Abassi MADANI, Rabeh KEBIR (self-exiled in Germany)]; National Entente Movement or MEN [Ali BOUKHAZNA]; National Liberation Front or FLN [Abdelaziz BELKHADEM, secretary general (also serves as Foreign Minister)]; National Reform Movement or Islah (formerly MRN) [Abdellah DJABALLAH]; National Renewal Party or PRA [Yacine TERKMANE]; Progressive Republican Party [Khadir DRISS]; Rally for Culture and Democracy or RCD [Said SAADI, secretary general]; Renaissance Movement or EnNahda Movement [Fatah RABEI]; Social Liberal Party or PSL [Ahmed KHELIL]; Socialist Forces Front or FFS [Hocine Ait AHMED, secretary general (self-exiled in Switzerland)]; Society of Peace Movement or MSP [Boujerra SOLTANI]; Workers Party or PT [Louisa HANOUN] note: a law banning political parties based on religion was enacted in March 1997

American Samoa Democratic Party [leader NA]; Republican Party [leader NA]

Andorra Andorran Democratic Center Party or CDA (formerly Democratic Party or PD) [leader NA]; Liberal Party of Andorra or PLA (formerly Liberal Union or UL) [Albert PINTAT]; Social Democratic Party or PS (formerly part of National Democratic Group or AND) [leader NA]

Angola Liberal Democratic Party or PLD [Analia de Victoria PEREIRA]; National Front for the Liberation of Angola or FNLA [disputed leadership: Lucas NGONDA, Holden ROBERTO]; National Union for the Total Independence of Angola or UNITA [Isaias SAMAKUVA], largest opposition party has engaged in years of armed resistance; Popular Movement for the Liberation of Angola or MPLA [Jose Eduardo DOS SANTOS], ruling party in power since 1975; Social Renewal Party or PRS [disputed leadership: Eduardo KUANGANA, Antonio MUACHICUNGO] note: about a dozen minor parties participated in the 1992 elections but only won a few seats and have little influence in the National Assembly

Anguilla Anguilla United Movement or AUM [Hubert HUGHES]; The United Front or UF [Osbourne FLEMING, Victor BANKS], a coalition of the Anguilla Democratic Party or ADP and the Anguilla National Alliance or ANA; Anguilla Patriotic Movement or APM [Quincy GUMBS]; Movement for Grassroots Democracy or MFGD [Joyce KENTISH, John BENJAMIN]

Antigua and Barbuda Antigua Labor Party or ALP [Lester Bryant BIRD]; Barbuda People's Movement or BPM [Thomas H. FRANK]; United Progressive Party or UPP [Baldwin SPENCER] (a coalition of three opposition parties - United National Democratic Party or UNDP, Antigua Caribbean Liberation Movement or ACLM, and Progressive Labor Movement or PLM)

Argentina Action for the Republic or AR [Domingo CAVALLO]; Alternative for a Republic of Equals or ARI [Elisa CARRIO]; Front for a Country in Solidarity or Frepaso (a four-party coalition) [Dario Pedro ALESSANDRO]; Interbloque Federal or IF (a broad coalition of approximately 12 parties including RECREAR) [leader NA]; Justicialist Party or PJ [leader NA] (Peronist umbrella political organization); Radical Civic Union or UCR [Angel ROZAS]; Federal Recreate Movement or RECREAR [Ricardo LOPEZ MURPHY]; Socialist Party or PS [Ruben GIUSTINIANI]; Union For All [Patricia BULLRICH]; several provincial parties

Armenia Agro-Industrial Party [Vladimir BADALIAN]; Armenia Party [Myasnik MALKHASYAN]; Armenian National Movement or ANM [Alex ARZUMANYAN, chairman]; Armenian Ramkavar Liberal Party or HRAK [Harutyun MIRZAKHANYAN, chairman]; Armenian Revolutionary Federation ("Dashnak" Party) or ARF [Vahan HOVHANISSIAN]; Democratic Party [Aram SARKISYAN]; Justice Bloc (comprised of the Democratic Party, National Democratic Party, National Democratic Union, and the People's Party); National Democratic Party [Shavarsh KOCHARIAN]; National Democratic Union or NDU [Vazgen MANUKIAN]; National Unity Party [Artashes GEGAMIAN, chairman]; People's Party of Armenia [Stepan DEMIRCHYAN]; Republic Party [Albert BAZEYAN and Aram SARKISYAN, chairmen]; Republican Party or RPA [Andranik MARKARYAN]; Rule of Law Party [Artur BAGDASARIAN, chairman]; Union of Constitutional Rights [Hrant KHACHATURYAN]; United Labor Party [Gurgen ARSENIAN]

Aruba Aruba Solidarity Movement or MAS [leader NA]; Aruban Democratic Alliance or Aliansa [leader NA]; Aruban Democratic Party or PDA [Leo BERLINSKI]; Aruban Liberal Party or OLA [Glenbert CROES]; Aruban Patriotic Party or PPA [Benny NISBET]; Aruban People's Party or AVP [Jan (Henny) H. EMAN]; Concentration for the Liberation of Aruba or CLA [leader NA]; People's Electoral Movement Party or MEP [Nelson O. ODUBER]; For a Restructured Aruba Now or PARA [Urbana LOPEZ]; National Democratic Action or ADN [Pedro Charro KELLY]

Australia Australian Democrats [Andrew BARTLETT]; Australian Labor Party [Mark LATHAM]; Australian Progressive Alliance [Meg LEES]; Country Liberal Party [Terry MILLS]; Australian Greens [Bob BROWN]; Liberal Party [John Winston HOWARD]; The Nationals [John ANDERSON]; One Nation Party [Len HARRIS]

Austria Austrian People's Party or OeVP [Wolfgang SCHUESSEL]; Freedom Party of Austria or FPOe [Ursula HAUBNER]; Social Democratic Party of Austria or SPOe [Alfred GUSENBAUER]; The Greens [Alexander VAN DER BELLEN]

Azerbaijan Azerbaijan Popular Front or APF [Ali KARIMLI, leader of "Reform" faction; Mirmahmud MIRALI-OGLU, leader of "Classic" faction]; Civic Solidarity Party or CSP [Sabir RUSTAMKHANLY]; Civic Union Party [Ayaz MUTALIBOV]; Communist Party of Azerbaijan or CPA [Ramiz AHMADOV]; Compatriot Party [Mais SAFARLI]; Democratic Party for Azerbaijan or DPA [Rasul QULIYEV, chairman]; Justice Party [Ilyas ISMAILOV]; Liberal Party of Azerbaijan [Lala Shovkat HACIYEVA]; Musavat [Isa GAMBAR, chairman]; New Azerbaijan Party or NAP [vacant]; Party for National Independence of Azerbaijan or PNIA [Etibar MAMMADLI, chairman]; Social Democratic Party of Azerbaijan or SDP [Araz ALIZADE and Ayaz MUTALIBOV] note: opposition parties regularly factionalize and form new parties

Bahamas, The Free National Movement or FNM [Tommy TURNQUEST]; Progressive Liberal Party or PLP [Perry CHRISTIE]

Bahrain political parties prohibited but politically oriented societies are allowed

Bangladesh Awami League or AL [Sheikh HASINA]; Bangladesh Communist Party or BCP [Saifuddin Ahmed MANIK]; Bangladesh Nationalist Party or BNP [Khaleda ZIA, chairperson]; Islami Oikya Jote or IOJ [Mufti Fazlul Haq AMINI]; Jamaat-e-Islami or JI [Motiur Rahman NIZAMI]; Jatiya Party or JP (Ershad faction) [Hussain Mohammad ERSHAD]; Jatiya Party (Manzur faction) [Naziur Rahman MANZUR]

Barbados Barbados Labor Party or BLP [Owen ARTHUR]; Democratic Labor Party or DLP [Clyde Mascoll]

Belarus Pro-government parties: Agrarian Party or AP; Belarusian Communist Party or KPB; Belarusian Patriotic Movement (Belarusian Patriotic Party) or BPR [Anatoliy BARANKEVICH, chairman]; Liberal Democratic Party of Belarus [Sergei GAYDUKEVICH]; Social-Sports Party; Opposition parties: Belarusian Popular Front or BNF [Vintsuk VYACHORKA]; Belarusian Social-Democrat Party Narodnaya Gromada or BSDP NG [Nikolay STATKEVICH, chairman]; Belarusian Social-Democratic Party Hromada [Stanislav SHUSHKEVICH, chairman]; United Civic Party or UCP [Anatol LEBEDKO]; Party of Communists Belarusian or PKB [Sergei KALYAKIN, chairman]; Women's Party "Nadezhda" [Valentina MATUSEVICH, chairperson] note: the opposition Belarusian Party of Labor [Aleksandr BUKHVOSTOV] was liquidated in August 2004, but remains active

Belgium Christian Democrats and Flemish or CD & V [Jo VANDEURZEN]; Ecolo (Francophone Greens) [Jean-Michel JAVAUX, Evelyne HUYTEBROECK, Claude BROUIR]; Flemish Liberal Democrats or VLD [Bart SOMERS]; Flemish Socialist Party.Alternative or SP.A [Steve STEVAERT]; Francophone Humanist and Democratic Center of CDH [Joelle MILQUET]; Francophone Reformist Movement or MR [Didier REYNDERS]; Francophone Socialist Party or PS [Elio DI RUPO]; GROEN! (formerly AGALEV, Flemish Greens) [Vera DUA]; National Front or FN [Daniel FERET]; New Flemish Alliance or NVA [Bart DE WEVER]; Spirit [Els VAN WEERT]; note - new party now associated with SP.A; Vlaams Belang or VB [Frank VANHECKE]; other minor parties

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